Revenue segments as reported by the company.

Commodity sales

Services

Revenue Segments

Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Gross Margin

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

Operations and maintenance

Depreciation and amortization

Impairment charges

General taxes

(Gain) loss on sale of assets

Transaction costs

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

ONEOK

ONEOK, Inc. engages in gathering, processing, fractionating, transporting, storing and marketing of natural gas. It operates through the following segments: Natural Gas Gathering and Processing, Natural Gas Liquids and Natural Gas Pipelines. The Natural Gas Gathering and Processing segment offers midstream services to producers in North Dakota, Montana, Wyoming, Kansas and Oklahoma. The Natural Gas Liquids segment owns and operates facilities that gather, fractionate, treat and distribute NGLs and store NGL products, in Oklahoma, Kansas, Texas, New Mexico and the Rocky Mountain region, which includes the Williston, Powder River and DJ Basins, where it provides midstream services to producers of NGLs and deliver those products to the two market centers, one in the Mid-Continent in Conway, Kansas and the other in the Gulf Coast in Mont Belvieu, Texas. The Natural Gas Pipelines segment provides transportation and storage services to end users. The company was founded in 1906 and is headquartered in Tulsa, OK.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

ONEOK reports strong earnings, eyes growth in natural gas sectors

ONEOK's performance in Q4 and full-year 2022 was strong, meeting financial guidance.
The company's strengths lie in its solid base business, strong balance sheet, and expected double-digit earnings growth in key segments.
Challenges include settling incident claims and potential impacts from optimization changes.
Opportunities for ONEOK include higher earnings driven by natural gas processing, stable producer activity, and volume growth.

ONEOK reports robust Q1 earnings, eyes LNG projects for growth

ONEOK's Q1 2023 performance reflects financial strength and operational excellence across key segments
Credit rating upgrade, debt reduction, and strategic project alignment highlight the company's positive trajectory
Challenges in leverage management and pricing fluctuations require careful navigation for sustained growth
Opportunities in project expansions, strong regional performance, and market demand present avenues for future success

ONEOK reports strong Q2 earnings, anticipates synergies from Magellan merger

ONEOK's Q2 2023 Earnings Call provided insights into the company's financial performance, strategic initiatives, and future prospects. Executives and analysts discussed the company's increased financial guidance, pending merger with Magellan, and detailed updates on NGL volumes, natural gas gathering and processing, and natural gas pipeline segments.

ONEOK reports robust Q3 earnings, eyes global growth opportunities

ONEOK's Q3 performance reflects financial strength and growth momentum, supported by successful integration post-Magellan acquisition and increased guidance.
The company's focus on capital allocation flexibility, commercial synergies, and growth opportunities positions it well for future success.
Challenges in realizing synergies, managing leverage targets, and balancing capital allocation strategies require strategic execution and prudent decision-making.
Opportunities in export markets, regional growth, pipeline expansions, and commercial initiatives offer avenues for revenue diversification and operational enhancement.

ONEOK reports record volumes and strong financial performance in Q4 2023

ONEOK's Q4 2023 earnings call showcased robust financial performance, strategic growth initiatives, and a commitment to enhancing shareholder value through dividends and share repurchases. The company's focus on expanding its pipeline network, prioritizing safety, and pursuing sustainable growth positions it well for future success.

ONEOK reports robust Q1 earnings, eyes AI data center demand

ONEOK's Q1 2024 earnings call showcased strong financial performance, growth opportunities in natural gas demand, and exceeding synergy realization post-Magellan acquisition. Despite weather impacts and challenges in NGL volumes, the company remains focused on expansion projects and capital allocation strategies. Opportunities lie in AI-driven data center demand, future growth prospects, and disciplined M&A approach.

ONEOK reports robust Q2 earnings, eyes growth through acquisitions

ONEOK's Q2 2024 earnings call highlights a strong financial performance, strategic acquisitions, and expansion projects, positioning the company for continued growth.
While facing challenges in market dynamics and capital allocation, ONEOK remains focused on leveraging opportunities for expansion and value creation.
Investors can be optimistic about ONEOK's stable financial outlook, operational strengths, and commitment to balanced growth strategies in the energy sector.

ONEOK reports robust Q3 earnings, sets sights on $8B EBITDA

ONEOK's Q3 earnings call highlighted strong performance, increased guidance, and a positive outlook for future growth. Management discussed key segments, addressed analyst questions on growth trends and recent acquisitions, and signaled a quiet period for year-end. The company's focus on synergy opportunities and robust fee-based earnings underpin its strategic direction.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

ONEOK is set to acquire Magellan Midstream in a cash-and-stock transaction, which would significantly diversify its operations and make it one of the largest oil and gas storage and transportation companies in the world. The acquisition is expected to add 3-7% to ONEOK's EPS from 2025-2027 and provide $200 million in annual synergy cost savings. ONEOK's debt load and the potential risk of not realizing anticipated synergies are key concerns, but the company's fee-based revenue and attractive trading multiples provide some stability.

ONEOK: Expanding Competitive Advantage Amidst Inherent Risks

British American Tobacco

International Paper

Kinder Morgan

LyondellBasell Industries

Altria

AT&T

High-yield dividend stocks can provide investors with an extra cushion in difficult markets. After all, you continue to get paid even if share prices fall.

7 Stable Dividend Stocks to Buy With 5-8% Yields

TULSA, Okla. , Aug. 21, 2023 /PRNewswire/ -- ONEOK, Inc. (NYSE: OKE) will participate in investor meetings at the Citi Midstream Energy Infrastructure Conference, August 22-23, 2023, in Las Vegas.

ONEOK to Participate in Citi Midstream Energy Infrastructure Conference

Oneok is set to become one of the largest pipeline companies. The energy stock is a viable option candidate.

Option Trade Targets Energy Stock's Strength, Rotation Into Sector

TULSA, Okla. , Aug. 17, 2023 /PRNewswire/ -- ONEOK, Inc. (NYSE: OKE) today announced the release of its annual Corporate Sustainability Report.

ONEOK Releases Annual Corporate Sustainability Report

Magellan Midstream Partners

Mailing and Video with President and CEO Aaron Milford Available on MaximizingValueforMMPunitholders.com TULSA, Okla. , Aug. 16, 2023 /PRNewswire/ -- Magellan Midstream Partners, L.P.

Magellan Midstream Urges Unitholders to Vote "FOR" ONEOK Merger in Advance of Sept. 21 Special Meeting

Verizon

Civitas Resources

Foot Locker

Park Hotels & Resorts

The “easy” gains of the early part of a bull market have been made, and stocks are more likely to move sideways. That means now is a good time to remember a frequently overlooked reality of investing: 40% of gains come from dividends over the long run.

Now's the time to own dividend-paying stocks. These 5 offer up to a 9% yield.

TULSA, Okla. , Aug. 10, 2023 /PRNewswire/ -- ONEOK, Inc. (NYSE: OKE) today announced that it has priced an offering to sell $5.25 billion of senior notes, consisting of: $750 million of 3-year senior notes at a coupon of 5.550%.

ONEOK Announces $5.25 Billion Notes Offering

ONEOK, Inc. (NYSE:OKE ) Q2 2023 Earnings Conference Call August 8, 2023 11:00 AM ET Company Participants Andrew Ziola - VP, IR Pierce Norton - President, CEO & Director Walter Hulse - CFO, Treasurer and EVP, IR & Corporate Development Kevin Burdick - EVP & Chief Commercial Officer Sheridan Swords - SVP, Natural Gas Liquids, Gathering & Processing Conference Call Participants Brian Reynolds - UBS Jeremy Tonet - JPMorgan Chase & Co. Theresa Chen - Barclays Bank Neil Mehta - Bank of America Merrill Lynch Craig Shere - Tuohy Brothers Tristan Richardson - Scotiabank Spiro Dounis - Citigroup Michael Blum - Wells Fargo Securities Sunil Sibal - Seaport Global Securities Keith Stanley - Wolfe Research Jean Salisbury - Sanford C. Bernstein & Co. Jacob Nivasch - Truist Securities Operator Good morning, everyone, and welcome to the ONEOK Second Quarter 2023 Earnings Conference Call and Webcast.

ONEOK, Inc. (OKE) Q2 2023 Earnings Call Transcript

ONEOK's (OKE) second-quarter 2023 earnings increase year over year, while revenues decline. Natural gas processed increases during the same period.

ONEOK (OKE) Beats on Q2 Earnings, Raises '23 EPS View

The headline numbers for Oneok (OKE) give insight into how the company performed in the quarter ended June 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Oneok (OKE) Reports Q2 Earnings: What Key Metrics Have to Say

Oneok Inc. (OKE) came out with quarterly earnings of $1.04 per share, beating the Zacks Consensus Estimate of $1 per share. This compares to earnings of $0.92 per share a year ago.

Oneok Inc. (OKE) Q2 Earnings Top Estimates

Increasing 2023 Financial Guidance TULSA, Okla. , Aug. 7, 2023 /PRNewswire/ -- ONEOK, Inc. (NYSE: OKE) today announced higher second quarter 2023 results and increased full-year 2023 financial guidance.

ONEOK Announces 13% Increase in Second Quarter 2023 Net Income and 10% Increase in Adjusted EBITDA

ONEOK's (OKE) second-quarter earnings are likely to have benefited from fee-based contracts and an increase in volumes in pipelines.

ONEOK (OKE) to Release Q2 Earnings: What's in the Offing?

ONEOK, Inc. is a more expensive company but it has a strong position in the natural gas industry. The company has a $30 billion market capitalization and an almost 6% dividend yield that it has a long history of increasing. The company is investing heavily within its business and we expect it to continue its growth, generating strong free cash flow and shareholder returns.

ONEOK Has Reliable Cash Flow Growth Potential

Axon Enterprise

Enphase Energy

Tyson Foods

U.S. Bancorp

After bringing you the second quarter installment covering mid-cap corporate insider activity, today's piece article will cover on the latest insider activity within the large-cap stock range. Insiders at Enphase Energy, Axon Enterprise, ONEOK, Inc., U.S. Bancorp, and Tyson Foods have shown unusual interest in their own companies' stocks, buying large amounts in the second quarter. Other notable insider purchases include the Saudi Sovereign Wealth Fund's $1.84 billion purchase of Lucid Group and Berkshire Hathaway's doubling down on Occidental Petroleum.

Strong Large-Cap Insider Buys: Q2 2023

Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.

Here's Why Oneok Inc. (OKE) is a Strong Value Stock

NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Magellan Midstream Partners, L.P. (NYSE: MMP) to ONEOK, Inc. (NYSE: OKE). Under the terms of the proposed transaction, shareholders of Magellan will receive $25.00 in cash and 0.6670 shares of ONEOK for each share of Magellan that they own. KSF is seeking to determine whether this consideration and the process.

MAGELLAN MIDSTREAM INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Magellan Midstream Partners, L.P. - MMP

Launches New Website, MaximizingValueforMMPunitholders.com, Outlining Benefits of the Transaction and Tax Considerations for Magellan Unitholders Urges Unitholders to Vote "FOR" the Pending Merger TULSA, Okla. , July 25, 2023 /PRNewswire/ -- Magellan Midstream Partners, L.P.

Magellan Midstream Announces Filing of Definitive Proxy Statement in Connection with Pending ONEOK Transaction

Special Meeting of Shareholders Set for Sept. 21, 2023 ONEOK's Board of Directors Recommends Shareholders  Vote "FOR" All Proposals at the Special Meeting TULSA, Okla.

ONEOK Announces Filing of Definitive Proxy Statement in Connection with its Pending Acquisition of Magellan Midstream Partners

Report Underscores Benefits of Tax Structure and Value Transaction Delivers to Magellan Unitholders Magellan Urges Unitholders to Vote "FOR" the Pending Merger TULSA, Okla. , July 25, 2023 /PRNewswire/ -- Magellan Midstream Partners, L.P.

Magellan Midstream Comments on Report by Renowned Tax Expert, Robert Willens

Magellan Midstream Partners Chief Executive Aaron Milford said he is confident the pipeline operator's planned sale to larger peer ONEOK Inc for $18.8 billion will gain approval from its investors despite some opposition.

Magellan says confident sale to ONEOK will gain sufficient investor backing

ONEOK is a promising stock for income investors due to its 6% yield and good growth prospects, as well as its long dividend track record. The company is well-positioned for future growth as demand for natural gas is expected to rise, and it has reduced its net debt by $1+ billion over the past year. Risks include uncertainty over its acquisition of Magellan Midstream Partners and potential execution risks, but its solid dividend yield and low price-to-cash flow multiple make it attractive.

ONEOK: A Smart 6% Yield To Have Your Cake And Eat It Too

ONEOK Inc. is a top high-yield energy stock with a 6% yield, strong balance sheet, and substantial presence in the natural gas space. The company benefits from stable cash flow with over 90% fee-based income, making it appealing to income-focused investors. ONEOK's strategic growth plans, including the potential acquisition of Magellan Midstream Partners, support its long-term performance and dividend growth outlook.

Top-Tier Income: ONEOK's Undervalued 6% Yield

ONEOK Inc is set to become one of the largest energy infrastructure companies in the US following its acquisition of Magellan Midstream Partners, a deal valued at $18.8 billion. The acquisition is expected to significantly increase ONEOK's cash flow, supporting a growing dividend and potentially increasing earnings per share by 3% - 7% annually between 2024 and 2027. Despite potential regulatory scrutiny and the need to efficiently leverage the acquisition, ONEOK is rated as a 'buy' due to its solid dividend, recent performance, and great outlook.

News for ONEOK Stock (OKE)